Larry Ellison's Net Worth Plunges $100 Billion Amid Oracle Slide—Falling Below Zuckerberg As World's Seventh Richest
Oracle’s recent stock slide has sharply reduced Larry Ellison’s paper wealth, with his net worth falling by more than $100 billion after ORCL dropped nearly 41% from its June 1 intraday high of $250. The decline pushed Ellison from the world’s second-richest person earlier this month to seventh, and then behind Mark Zuckerberg after Meta’s shares rose 2.6%. Oracle briefly recovered 0.3% on Monday, but the article frames the move as part of a nearly monthlong selloff amplified by last week’s nearly 20% drop, Oracle’s worst weekly performance since 2001. The story also notes that Oracle’s strong quarterly results and 93% cloud infrastructure growth were not enough to offset investor disappointment over fiscal 2027 revenue guidance. The market impact is centered on Oracle shares and broader billionaire-ranking shifts tied to large-cap tech stock moves.